Senate Democrats' budget to allow use of reconciliation rules

Source: The Hill


Senate Democrats' budget to allow use of reconciliation rules
By Walter Alarkon - 04/20/10 03:33 PM ET

The budget resolution being drafted by Senate Democrats will include reconciliation instructions, according to Democrats briefed on the matter.

The reconciliation instructions, which allow legislation to move through the upper chamber with a simple majority instead of 60 votes, will be included to ease the passage of deficit reduction measures, according to Democrats on the Senate Budget Committee.


But the reconciliation language could also be used to pass the extension of expiring tax cuts, job-creation measures and energy legislation, according to Sen. Ben Cardin (D-Md.).


"There are many different areas it could be used," he said.

Read more: http://thehill.com/blogs/on-the-money/budget/93351-senate-democrats-budget-to-include-reconciliation-instructions

Considering how much the last TARP/bailouts cost us, couldn't a case be made that properly regulating Wall St. would positively impact our national budget?

Probably :silly: :dunce: :crazy: on my part, but hey, no crazier than what we've been through these last 30 years or so in this nation...

-app

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